7,368 Shares in Leidos Holdings, Inc. (NYSE:LDOS) Acquired by Vest Financial LLC

Vest Financial LLC acquired a new position in Leidos Holdings, Inc. (NYSE:LDOS - Free Report) in the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 7,368 shares of the aerospace company's stock, valued at approximately $994,000.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. JPMorgan Chase & Co. increased its position in shares of Leidos by 13.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 3,504,392 shares of the aerospace company's stock valued at $571,216,000 after purchasing an additional 405,256 shares during the period. Mather Group LLC. increased its position in shares of Leidos by 143.1% during the 4th quarter. Mather Group LLC. now owns 265 shares of the aerospace company's stock valued at $38,000 after purchasing an additional 156 shares during the period. Yousif Capital Management LLC increased its position in shares of Leidos by 23.7% during the 4th quarter. Yousif Capital Management LLC now owns 17,596 shares of the aerospace company's stock valued at $2,535,000 after purchasing an additional 3,366 shares during the period. Stratos Wealth Partners LTD. increased its position in shares of Leidos by 14.9% during the 4th quarter. Stratos Wealth Partners LTD. now owns 2,923 shares of the aerospace company's stock valued at $421,000 after purchasing an additional 379 shares during the period. Finally, Mirae Asset Global Investments Co. Ltd. increased its position in shares of Leidos by 39.6% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 12,464 shares of the aerospace company's stock valued at $1,800,000 after purchasing an additional 3,534 shares during the period. 76.12% of the stock is owned by institutional investors.

Insider Transactions at Leidos

In other Leidos news, Director Gregory R. Dahlberg sold 1,250 shares of Leidos stock in a transaction dated Friday, May 9th. The stock was sold at an average price of $154.55, for a total value of $193,187.50. Following the sale, the director now owns 20,195 shares of the company's stock, valued at $3,121,137.25. This trade represents a 5.83% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 0.96% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

LDOS has been the subject of several research reports. Wall Street Zen lowered Leidos from a "strong-buy" rating to a "buy" rating in a research note on Thursday, May 22nd. Truist Financial reduced their price objective on Leidos from $165.00 to $155.00 and set a "buy" rating for the company in a research report on Monday, April 14th. Wells Fargo & Company raised their target price on Leidos from $173.00 to $200.00 and gave the company an "overweight" rating in a report on Thursday, May 8th. UBS Group raised their target price on Leidos from $149.00 to $168.00 and gave the company a "neutral" rating in a report on Wednesday, May 7th. Finally, Robert W. Baird lowered Leidos from an "outperform" rating to a "neutral" rating and set a $163.00 price objective on the stock. in a research note on Tuesday, May 27th. Seven analysts have rated the stock with a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, Leidos presently has a consensus rating of "Moderate Buy" and an average price target of $176.46.

Leidos Stock Up 1.9%

NYSE LDOS opened at $148.12 on Monday. The company has a current ratio of 1.21, a quick ratio of 1.13 and a debt-to-equity ratio of 0.91. The stock's 50 day moving average is $146.86 and its two-hundred day moving average is $145.24. The company has a market capitalization of $19.07 billion, a price-to-earnings ratio of 16.03, a PEG ratio of 1.65 and a beta of 0.63. Leidos Holdings, Inc. has a 1-year low of $123.62 and a 1-year high of $202.90.

Leidos (NYSE:LDOS - Get Free Report) last released its quarterly earnings results on Tuesday, May 6th. The aerospace company reported $2.97 earnings per share for the quarter, beating analysts' consensus estimates of $2.47 by $0.50. The firm had revenue of $4.25 billion during the quarter, compared to analysts' expectations of $4.11 billion. Leidos had a return on equity of 30.93% and a net margin of 7.53%. The business's revenue was up 6.8% on a year-over-year basis. During the same period last year, the firm posted $2.29 EPS. Equities analysts forecast that Leidos Holdings, Inc. will post 10.62 earnings per share for the current fiscal year.

Leidos Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Monday, June 16th will be given a $0.40 dividend. The ex-dividend date of this dividend is Monday, June 16th. This represents a $1.60 annualized dividend and a dividend yield of 1.08%. Leidos's dividend payout ratio is currently 16.10%.

Leidos Company Profile

Leidos Holdings, Inc, together with its subsidiaries, provides services and solutions in the defense, intelligence, civil, and health markets in the United States and internationally. The company operates through Defense Solutions, Civil, and Health segments. The Defense Solutions segment offers national security solutions and systems for air, land, sea, space, and cyberspace for the U.S.

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